China
Changshu City Business Investment has sealed a Rmb 650 million five-year term loan through bookrunner and mandated lead arranger Bank of China.
The facility is priced at 118% PBOC rate.
Final allocation saw the lead give Rmb 400 million while China Construction Bank lent 250 million.
Proceeds are for capital expenditure purposes.
Suzhou Wuzhong Track Development has inked a Rmb 3.2 billion 15-year term loan through bookrunner and mandated lead arranger China Development Bank.
The fundraising is priced at 110% PBOC rate.
Syndication saw Bank of China join in as co-lead arranger while Agricultural Bank of China and ICBC concluded the syndicate as participants.
Proceeds are for capital expenditure purposes.
Indonesia
PT Pertamina (Persero) has sealed a $1.7 billion five-year term loan through bookrunners and mandated lead arrangers ANZ, BNP Paribas, Bank Central Asia, Bank of Tokyo-Mitsubishi UFJ, Credit Agricole CIB, DBS Bank, HSBC, Mizuho Bank, Natixis, RBS, Standard Chartered and SMBC.
The facility comprises of a $1.3 billion portion and a $471 million credit.
Syndication saw Bank of China, First Gulf Bank PJSC, KfW and Societe Generale come in as mandated lead arrangers while Westpac joined in as lead arranger. Aozora Bank, Chugoku Bank, Gunma Bank, Korea Development Bank and NTT Finance Corp joined in while Emirates NBD PJSC and MG Leasing Corp came in as lead managers. Minato Bank concluded the syndicate as manager.
Proceeds are for working capital, capital expenditure and general corporate purposes.
Korea
SHIKC1 Shipholding has secured a $214 million 20-year term loan through joint bookrunners and mandated lead arrangers Mizuho Bank and Societe Generale.
The credit is guaranteed by Korea Gas Corp.
Syndication saw OCBC join in as lender.
Proceeds are for general corporate purposes.
Taiwan
Ta Hsiang Container has completed a NT$1.8 billion five-year loan package through sole bookrunner and mandated lead arranger Land Bank of Taiwan.
The facility is split into a NT$935 million term loan, a NT$490 million term loan and a NT$365 million revolver.
Syndication saw Taichung Commercial Bank joined in as arranger while Agriculture Bank of Taiwan and Bank of Kaohsiung came in as manager. Hua Nan Commercial Bank, Mega International Commercial Bank, Taiwan Business Bank and Yuanta Commercial Bank concluded the syndicate as participants.
Proceeds are for refinancing, equipment purchase and working capital purposes.
Lin Hotel Taichung has signed a NT$2.3 billion term loan through sole bookrunner and mandate lead arranger Taiwan Cooperative Bank.
The financing consists of a NT$1.8 billion seven-year tranche and a NT$500 million five-year portion.
Syndication saw Agricultural Bank of Taiwan, Chang Hwa Commercial Bank, E Sun Commercial Bank, First Commercial Bank, Shanghai Commercial & Savings Bank and SinoPac Bank come in as participants.
Proceeds are for refinancing and capital expenditure purposes.
Tungs’ Taichung MetroHarbor Hospital has secured a NT$1.5 billion five-year debt package through sole bookrunner and mandated lead arranger Taiwan Cooperative Bank.
The transaction is divided into a NT$1.2 billion revolver and a NT$300 million term loan.
Final allocations saw the lead provide NT$405 million while Agricultural Bank of Taiwan held NT$300 million. Chang Hwa Commercial Bank and Hua Nan Commercial Bank contributed NT$188 million apiece while COTA Commercial Bank, Shin Kong Commercial Bank, Taiwan Business Bank and Yuanta Commercial Bank concluded the syndicate with NT$105 million each.
Proceeds are for refinancing, working capital and capital expenditure purposes.
